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FINANCIAL SCENE Fine-tuning regulatory framework for NBFCs The NBFC sector and its linkages with banking are in for a major overhaul Under the systemic regulation of Reserve Bank of India Deposit taking non-banking finance companies (NBFCs) have been brought under systematic RBI regulation since January 1998 when they were asked to abide by a new framework of prudential norms. Thus, in one sense, NBFCs might not have been outside ...
From luggage to lifestyle brandSamsonite to launch shoes in the middle of next year TAX FORUM: QUESTION & ANSWER How to avoid capital gains tax on sale of property Is interest forgone for foreclosure deductible? A reader had made a deposit of Rs. 50,000 in a company on March 1, 2005 and had drawn Rs. 2,500 during financial year 2004-05 till August 31, 2005, when he had to foreclose the deposit due to urgent family necessity. The amount of Rs. 1,250 ... NETSPEAK A roundup of research tools The medical journal portal is a valuable resource Read Today's supplements: Metro Plus | Business | Education Plus | Send: Comments to: thehindu@vsnl.com Letters to the Editor to: letters@thehindu.co.in with full postal address |
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